The TomoCredit Blog

TomoCredit announced a simple 5-week plan to boost consumer credit before the holiday shopping season begins. A bad credit score costs the average American an estimated $150,000 over a lifetime.

Last Monday, mortgage rates saw a surprising dip, bringing hope to many homeowners looking to refinance. However, it may not be the perfect time to jump on the refinancing bandwagon just yet.

Back in 2011, there was one and only way to get approved for an auto loan—having a good credit score. As a first generation immigrant, I had no idea what a credit score was, and I didn't have one.

Building a solid credit score isn't just about securing personal loans. For small business owners, a great credit score can be the key to unlocking capital, fueling growth, and driving success.

With the potential for an interest rate drop, many consumers may wonder how it could impact their financial situation. A decrease in rates presents several valuable opportunities to borrow smarter.

The emotional toll of a breakup is hard enough, but when your financial world begins to unravel too, it can feel like a double blow. Here's how to rebuild your credit after divorce.

Based on our credit coaching calls with Tomo members, the number one reason they want to build credit is to buy their first house. Here's how a fixed-rate mortgage differs from an ARM.

Credit card delinquencies can create a ripple effect on your financial health. Here's what happens as delinquencies rise, and practical solutions to get back on track.

Entering adulthood is an exciting time filled with new opportunities and responsibilities. Here's a guide to understanding credit scores, building financial wealth, and caring for senior parents.

Debt can accumulate quickly and become overwhelming. Carrying significant debt can severely impact your credit score, which can affect your ability to secure loans, rent an apartment, or get a job.

Building your credit to an ideal score is crucial to financial health. For most people, the journey to an ideal score can range from 3 to 6 months, depending on their starting point.

A good credit score is more than just a number; it's a key indicator of your financial health and stability, and it can save you significant amounts of money over time.